A&P Files Debt-Claims Proposal

MONTVALE, N.J. — A&P’s unsecured creditors stand to recover between 2.1% and 2.7% of the money owed to them under terms of the retailer’s plan of reorganization, according to a revised disclosure statement filed in U.S. Bankruptcy Court last week.
Previous versions of the disclosure statement accompanying the reorganization plan did not specify a percentage recovery for some groups of creditors. Unsecured creditors include holders of convertible ...

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